Filing Flows › Foster L B (FSTR) › Q1 2026
Foster L B (FSTR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Foster L B (FSTR) reported revenue of $121M for the first quarter 2026 (Q1 2026), +24% from a year earlier and -24% from the quarter before. Operating margin was 1.7%, net earnings $1.5M (1.2% of revenue).
Foster L B, Q1 2026: revenue $121M (+24% year over year), operating margin 1.7%, net earnings $1.5M, operating cash flow −$10.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $121M | -24% | +24% |
| Gross profit | $25.7M | -19% | +28% |
| Operating profit | $2.0M | -74% | — |
| Net earnings | $1.5M | -37% | — |
| Operating cash flow | −$10.4M | -147% | — |
What changed
Revenue was $121.1M in Q1 2026, up 24% year over year and down 24% from the previous quarter. Rail, Technologies, and Services was the largest line at 62% of revenue. Rail, Technologies, and Services added $20.8M year over year (up 38%), 89% of the total change. Steel Products declined 14%.
Gross margin was 21.2%, up 0.6 points from Q1 2025. Operating profit was $2.0M, a 1.7% margin (up 3.7 points year over year). Operating expenses grew 7% against revenue growth of 24%. Net earnings were $1.5M. The effective tax rate was -5.7%.
Operating cash flow was −$10.4M. Non-cash charges added back $2.9M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $16.7M. Capital expenditures of $3.0M exceeded it, leaving free cash flow of −$13.4M.
Questions
What was Foster L B's revenue in the first quarter 2026?
Foster L B (FSTR) reported revenue of $121M for the first quarter 2026 (Q1 2026), +24% from a year earlier and -24% from the quarter before.
Was Foster L B profitable in the first quarter 2026?
Operating profit was $2.0M (1.7% of revenue) and net earnings $1.5M.
Source: Foster L B 10-Q on SEC EDGAR.